Porsche takes over Volkswagen

[monoblanco]

http://www.google.com/hostednews/afp/article/ALeqM5gY_UBiKMJ29Ueyq2L65mNzPsR-xQ

[ubernasty]

sweet maybe i can get myself a volkswagen 911 turbo one day

[tjts1]

Welcome to last year bud. This had been in the works for years.

[Huff]

Hmmm.. Very interesting. Maybe Porsche will make VW start making good cars again.

[gazellebeigem3]

im sure vw guys are all going to start slapping porsche badges on their cars now

[Jand3rson]

im sure vw guys are all going to start slapping porsche badges on their cars now

They already run Porsche wheels. But Porsche wheels are usually pretty damn cool.

[gazellebeigem3]

yeah porsche wheels are sweet, but i am equating this to all the honda integras you see in the us.

[ejnight]

Facing Losses, German Billionaire Takes Own Life
FRANKFURT — Adolf Merckle, the German billionaire whose speculation in volatile Volkswagen shares pushed his sprawling business empire to the edge of ruin, has committed suicide, his family said Tuesday.
http://www.nytimes.com/2009/01/07/bu...l?ref=business

[Jand3rson]

yeah porsche wheels are sweet, but i am equating this to all the honda integras you see in the us.

Ah yes. I forsee that happening as well.

[TDE30]

Welcome to last year bud. This had been in the works for years.

Yup, they used to own something like 35-40% of Volkswagen and now they're involvement has just gone above the 50% mark.

It's all because of that fucking Routan POS. :D

[Collin]

Maybe the beetle will get it's engine back on the correct end, so I can see some modern day beetle wheelies.

And that POS sub-beetle compact planned for south america doesn't count.

[thornado327i]

Porsche Cayenne and VW Touareg share the same floor - it's been happening for some time now.

Remember that VAG (VW Audi Group) is a major force in Europe - All of their cars have something in common (VW Audi Seat Skoda - same parts, engines etc, Porsche - only floor so far).

[Raxe]

Don't forget they own Lamborghini/Bentley/Bugatti too. Wonder what it'll be called now. Still VAG?

[Stevie30]

VW is building a new manufacturing plant in Chattanooga TN with groundbreaking to be in March '09. Should bring lots of jobs to this area.

[TDE30]

Don't forget they own Lamborghini/Bentley/Bugatti too. Wonder what it'll be called now. Still VAG?

Yeah they do. I think it will always be VAG since Volkswagen and Audi are two of the larger companies in the aforementioned group and they share a lot of parts between each other. Porsche doesn't share many parts/vehicles between Volkswagen or Audi, with the exception of the Touareg/Cayenne/Q7.

They also own a substantial portion of Scania, something like 67% IIRC.